Susa Ventures Raises A $25M Seed Fund To Back Data-Focused Startups

Early-stage firm Susa Ventures says it has raised $25 million to fund “data-centric founders and businesses.”

Susa has four operating partners — Eva Ho (previously vice president of marketing and operations at location data company Factual, and before that a senior product marketing manager at Google and YouTube), Leo Polovets (an early engineer at LinkedIn), Chad Byers (formerly senior director of platform at Integrate.com) and Seth Berman (an angel investor and former marketer at The Richemont Group).

In a blog post announcing their new fund, the partners wrote:

We started Susa as four friends with the shared belief that despite the hype, despite the multitude of companies being formed, despite the hilarious acronyms, the data revolution is under appreciated. We have barely scratched the surface on how a focus on leveraging data to make critical business decisions, automate processes, and inform new product creation will disrupt incumbents and create new industries.

The post goes on to point to health, banking/finance, and education as some of the fields were the firm sees big opportunities for these data-centric approaches. In fact, Susa says that it has already made 17 investments, including Zephyr Health, Namo Media (recently acquired by Twitter), Whisper, and Frontback.